The Atlanta Georgian. (Atlanta, GA.) 1906-1907, June 21, 1906, Image 11

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' t THE ATLANTA GEORGIAN. JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE^ \fr. Lively’* : IItInc uni South ha offalzed autho NEW YORK DID NOT MAKE FULL RESPONSE. Opened at a Slight Decline and Fluctuated Narrowly All Day. gpot In Liverpool advanced 7 point! to- to t ied on ulei of 10,000 bale.. Future! opened 3 to 6 point! up, wblch mi better all around than expected. *,«• York ihonld hare opened at aome Points advance on thla ahowlnj, l>ut In ■lead the aeaalon atarted 3 to S polnta low er the decline being attributed to reported raim In Teiaa and aunahlne In the At- liatlc atatea—condition! making for Ideal irowma weather for cotton. * >. continuation of- thla condition w|ll In mre a fair yield of the world'! moat Im- oortant product alone produced by tho farmer* of the South and uaed by all peo- alra of the world, the demand and con sumption of which Increaaea each year, nn ill now condition! that wonld benefit the crop doea not reault In panicky market!, aa baa been the caae In pact Maaona. , Much atreaa hna been laid on the Texaa drought. a condition alwaya conaldered ad ere In the AtlanUc atatea waa merited on. yet a reveraal of throe con- dlrona waa wlthont perceptible effect on eiienlnx price*. Thla, with active trading In the early trading. ..... The weather bureau give* apecal rainfall In Texna aa followa: Blanco. .10: Coral ana. .10: Lallan, trace; Ft. Worth. 101 Greenville. .76; I.arupee. .30: Longview. .01; Merle. .32; Sacogdoehea, 1.18; Paleatlne, 06- I’arla, .24; Sherman. .26; Taylor, ,r Waco, .06; Waxahachle, ,08; Temple, trace. SPOT COTTON MARKET. Ailntitn-Stendy, 10 13-Ule. .Iverpool—Kaar, 6.12d. .Ingnatn—Steady, lllic. Sovannlt—(Jillet, 1044c. H. I.nula—Qrrlet, lie. Norfolk-Steady, 1014c. RANGE IN NEW YORK COTTON. The following la the range In cotton futurca In New York today: Lent Previous open. High. low. Sale. Clone. Clone. .10,34 " ' Jump 10.84 10.84 10.81-84 10.87-40 Opt. Nor . .10.57 10.80 10.84 10.lt 10.1849 10.41-42 10.44 10.46 10.39 10.43 10.4844 10. „„ Jan. ..10.46 10.49 10.43 10.48 10.47-41 10.61-62 Fob 10.47-47 10.61-62 Mrh ..10.66 10.65 10.68 10.66 10.6446 10.5840 Ch'spd ateodjr. RANGE IN NEW ORLEANS COTTON *T1ip following June Previous Clots. Clos - 3f.gr c 10.81 July ..10.87 10.91 10.82 10.88 10.86-88 10.91-.. Aug ..10.49 10.63 10.47 10.47 10.4840 10.6844 - p. ..10.46 10.48 10.46 10.48 10.44-46 10.4740 I. ..10.82 10.33 10.27 10.82 10.81-82 10.9647 NO V 1U.SMB In*c ..10.86 10.88 10.81 10.86 10.8646 10.89-40 Jan. ..10.42 10.42 10.42 10.42 10.41-42 10.46-47 ■*",6840 Meb "lass iass iass iolss iait-io Closed dull but steady. LIVERPOOL COTTON MARKET. Liverpool, June 21.—12:15 p. ns.—Demand for spot cotton Is fair, with prices steady. Middling uplands, (U2d. Bales, 10,000; Atner lean. 9,400. 8j>eculatlou ai ‘ ‘ Previous .... maTm ar ar .... 6.81-6.88 5.10 6.784.71 ..... 6J04.81 6.78 6.774.71 .... 6.76 5.704.71 6.70 .... 6.68 6.684.64 6.64 i.62 6.68 6.69 Jan. Ftb. IVb.Mnreh Clowd easy. 6.82 6.88 9.64 6.67 iSLi IS TODAY'S PORT RECEIPTS. The fnilnwlng table ehewe receipt, at the port. today, compared with the ante day laat yenr: 1906 IMG 10 Nrw Orleans * UalvPHton ... ... ... .. Mobil.* ... UflVnilllSh a ..‘a .* I'bnrleatoB ... Wilmington Norfolk Boston ... ... ... ... I’luio.ifiphla I rt Townsend r^nascolt $ nS 1 646 1642 O 10M In 4S7 w =23 f! 106 A 1832 Is «7 m 76 In •744 2277 Total 4313 17116 W INTERIOR MOVEMENT. 1909 1906 w In Houston ... . ... ... ., 784 19 202S tb n Mrmphls 216 293 n 702 1 in.'tunntl ... . 109 4, 2! Total 1887 8814 IK —. at „ ESTIMATED RECEIPTS. New Orleane expect. 700 to 1.000 bate., •errtn.t .'.lit bale, actnal laat year. Gelvee- ten eipecta 1,000 to 1,600 bale., agalnat Imlea actual laat year. Honeton ex- J-'x 1.300 to 1.600 bale., agalnat 1.303 bale, •ftun Hat year. COTTON SEED OIL MARKET. NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Glbert 4 Clay. .New York. Juno ll.-Ltrerpool i* : so p.m.. 3 h“gher b rh ' r ' " "P**® »• be i and llalned laat night at Waco. Austin, Sher man and Greenville, Tex. Market la weak on report* of rain In drought (action, of Text* The market la held ateady by buying of July bjr Liverpool to cloaa atraddlea. New Orleane, June 21,-Llverpool ».up on near month! and 3 to 4 on new rrnn full rMlMlnui An mat* ...... n# a n full response. An sdrance of about 3'points Spot sales of 10.000 baUi an advance of 7 # poluts should not be or looked as a remarkably atfoof feature. The western and eastern forecasts are-alt for fair weather today and Friday. Our advice* from the eastern belt Indi cate a alight deterioration owing to a little grass UUC ^ ® n <l th® prevalence of Weld says In reference to yesterday’i fnarket: "Declined at opening on continues liquidation of July. Ini not think It over yet. llecovered In afternoon oo buying on continued drought In Texaa." ' * Map ahowa excellent ralna In waatarn central Texaa. Fort Worth receiving 3.04. Paleatlne .0, and Taylor .01. (hist of the lllialaalppl hardly any rain baa fallen, and the weather la clear and warm.. are all bulllah owlag to the < New York, June 21.—The Commercial aaya: "There hae been n manlfeet ladlapoel nation eo far, J r -very uey iuv inaraex Ixlng that Texaa la needing rain v* badly, and that the at the non-cotton product •offering from drought around any longer. at Texaa la needing rain vary that the atory that It la only Ion producing . aectlon that la >m drought will uot do to band The llcenaed warehouae stock hare __ ereaaed 1,628 bale*, touching 130,*73 balea, or 13.600 bale* laaa than on Juno 1. The certlfiratad stock decreaaetl 1,826 bales, and Is 123,6<v3 bales, or 6,700 leva than on June -the highest of the month. Liverpool cables: “Market nervous, fear ing fresh decline In New York, but Liver- utnrea and crop account! unnvorabla. Soma Bailing developed on raporta of rain Naw Orleana, June a.'—Heavy ralna are ahown In Eaat Taxta. Otherwlaa the weather map la dry. Belief has undoubted- It been given to aome, but not all of the * So** sections from which th* hot wind telegrams enmo yesterday. Those who are long of late position* nrmma*harotaaataroM nre rather Incltneil sales of shout ; moat Impossible to trad Raining at Hailcburst. Miss. The feeling hers „ summer months. The chances are In favor of market Improving unless ralna have set In." GIBERT & CLAY’8 DAILY COTTON LETTER New Orleana. June 21.—The feeling In Liverpool, according to soma cables, atm ramama bullish, bat with mare especial reference to the summer months, and when of huslnea done In spot cotton from day Dtlinmt amounted : appears aa though the foreign Is well grounded.. Today's safes amounted to 10,000 balea at an sdrance of 7 points, while options recorded a gain of one point on near pualtloas and oba point tit spasmodic llqul — ala the market from lapsing Into an t complete state of stagnation. The la attentive, bnt with Tittle concern regarding the onigrowth of thle position and with It finally closed, a batter specula tive basis with regard to naw crop months will la all probability have baan aatab- llahed. Ralna have at laat fallen In Texaa. and while they have not occurred In tboae dlatricta moat affaetad by the drought, they have narerthalaa been effective In Teaaenlng the nneaelneae which the hot, dry weather are needed, however. aome localities, however, In the prevalence of grass DAILY COTTON LETTER New York, June Sl.-Ileporta of a few portent, the he*' was eoaaparatlvafy vleat being a little months, and while the neavy rains cany in thr season ted to good underground con ditions, It la not unfair to toy that the Texas situation Is growing serious, ns re- N-*r York, June a.—The market for cot- »nn woG oji wa s active and week. and in the early call amounted to LS09 barrels. There was farther liquidation of ln "x oil. with an abac ora of support. It Is ■r«0|, on the floor among traders was mat "i- loading Interest was disposed to ar* the !«rk»t lower, waa nffrriag no sapport. and 'h>re appeared to be some evidence of ham- ring tot the porpaaa of shaking out long lew crop deliveries wave com para •Italy steady. 'Prices at the rloae were as- -~ ‘ r banged to~Ve higher.—'War* VLetand. Jaro .._,. TUfa » 1*t . r... •;;; - ™ — fc-pt^mbor ... ... ... ... ...84 Nnv^mbtf .SI*' - - r 81 < l«o©d steady. I*, as re ported by the weather biBreau on Tuesday Until »«>d. soaking rain* roma In Texas the cotton market ft not Uktiy to go down. HUBBARD BROS.' COTTON LETTER SHARP ADVANCES SCORED AT START STOCKS OPENED WITH SEN TIMENT VERY BULLISH. A Flood of Stock for Sale Later and Prices Sagged Sharply. y Private Le«|©d, Wire. New York, June 21.—The development of n unfavorable nature In the steel trade, which did not become publicly known until after business had closed last night, ab- Chicago and Great Western Chicago, Milwaukee and 8t. Paul K Dlatlller , a Securities !! General Klee trie Illinois Central .. American Ice Securities...?... yesterday's Incidents h*L __ _ .. don the whole market was encouraged by the reductlou of the Jtank of Kngland rate was by serve poiHMHMBHPH Intents were higher on thla news, American stocks In particular going un point to 1 point. But In spite of this lead, the open ing here waa extremely Irregular and the pressure on all classes of the steel Issues at once became apparent. The Southern Iron stocks, which were particularly cou-i corned with the dissolution of the Southern I Men's Association, broke rather Furnace sharply. States low the low points of last week. It was urged as s reason for selling these stocks that, while the rupture lu the foundry iron market was a matter of oraall consequence In Itsolf, It might he the euterlng wedge for a mora general nnd more formidable reaction Inter on. What waa equally disturbing to the stock mar ket, besides the declines In United States Steels, was ths weakness In Pennsylvania, wblch yielded with surprising sase to a moderate selling movement. In view of the Increase In the Baltimore ami Ohio dividend and the widespread be lief that other of tho Peuutylvnnla subsid iary companies will take similar action, the small demand for the shares of the present stock was naturally dlsconcsrtlng. DROUGHT IN TEXAS .THE DOMINANT FACTOR RANGE OF NEW YORK STOCK MARKET Amalgamated Copper............ Atlantic Coast Line American Sugar Refining Anaconda American Locomotive M do preferred. uu 1'rrirrrru n,„„. > •••••••••• American Smelting Refining do preferred Atchison do preferred American Cotton OH Baltimore and Ohio Brooklyn Rapid Transit Canadian Pacific Chicago and Northwestern........ Chesapeake and Ohio.... Colorado Fuel and Iron Central T Ainrricsu ice necumies.,,,,•*••••••«•• Isoulsvlile nnd Nashville...... Mexican Central Missouri Pacific New York, Ontario and Western noriarra ncinc,. New York Central Norfolk and Western Pennsylvania m cuumj it mint People's Gas Pressed Steel Car do. preferred Pacific Mall a isiana do. preferred United States Rubber do. preferred Southern Pacific Southern Railway ‘ >. preferred Sloss-Sheffleld Tennessee Coal end Iron Texes sud Pacific Union Pacific United States Steel do. preferred nasn .....e..,.., da preferred....... Wisconsin Central do. preferred... TIPS FLASHED From Wall Street continued drouth In Texas—maximum tem perature of 100 to 102 degrees—unexpectedly sales there, reports of boll weevil six counties ln_ Texas, purchases of % August, October December by „ and many felt that _ reaction was due ou general principles after the recent decline. In ths eastern section of the belt It Is clearing up. and that la the kind of weather wanted there. The attentlou of most people Is riveted on the •situation In Texas. Rain la needed all over that atate, but especially In tbs south ern pert. But for the uncertainty about July there would doubtlea t>e more atten tion paid than there Is to the dry weather In Texas. Mr. Price la supposed to have sold several thousand bales to Fall River at 18 points on July. This rumor was In rlriMilntlnn ••ver.vwlnTe in flu- nf'-r- loom shorts covered on the Texas drouth. Rains In Georgia were rosumed.—Glbert t Clay. w Orleans. Jnn# 81.—The Tlmes-Demo- .... says: Both field and fnctory b*. friended,the staple and at the close of yea- on tha probability of a further decline. New York* 1 ‘ — enough, supporting movement. Meanwhile, In the l ace of enrqpraglng cables, orsrconfldent Naw Orleans acaTpeff sold the Juijr down nearly 60c a lisle to bed-rock the simple Ilfs Is the rati thing for th.. •null try now. Til. psblle I. out nf tbe same anil the bill fellow, sro entirely to* mournful to Inv. any crumbs for the pikers. A price fsetor which of Iste bss ths sost*lnlnf fores of tbe memory ss opposed to the belt-hearted hope of the old-urn. hear. Crop.were Is over- tbs om-Uum Mar. ttropmrsr. la ever- , asd some enterprl.ini Innys tried to develop one oo th. hot “wind, of T,u." t.l.(ram. ye.trrdny, bnt they were not taken wholly roriou..—War. 4 I-eland. ATLANTA MARKETS. FRUIT8 AND PRODUCE. Officially corrected by Atlanta Fruit and Umons.,*.*, !2.») to I3J3, market at present 61.76. Cull^ per bnneb, 61 to 61.36. Watermelons, 616.00 to 630.00 per Iff); de- Live bens 'k^o 37Hc: fries EB* to 26e: broilers 16 to 23Me. Mrs ducks. Fekln 30 to 36c; pnddlt 26 to 27U*. - 1b.. 12c to 13c; d ' COUNTRY PRODUCB.— Dressed hens, per Ih .'ltc to 13c; dressed turkeys, per lb., Ur to 14c; very dulL Kbs, per dosen, 17H to lie. Ilultsr, table, per ib.. 30 to 22Hc; cook- to Uc lb.; In 1-llx, neks 10 stock VlO .Joney- ®VROETAIII.KB.-1rlpotsloe*. ' "llcets. cabbsfe crates, per cnt. 62.26 to ‘Tomatoes, per cnt., 62 to 62.60. I|cab«. trreeo, per crate, SI to tl.M; wax M rkst overstocked Okra, per crate, 61-60 Cscnmbers. per erats, 60 to 16c, market well stocked. us ■sweet potatoes, per bn Spinscn It per liu.bel. A.psrssoe fa* to IMe per bushel, 31 to 31.26, bunrh. New York. Jone 21.-Tbe liquidation of the^Jnlj^boldlnjfs continues., sbowln* tbs vance Is tr ban been plane.! upon an sd- it delivery, and Its Secllse bss affected tbe new crops, tbouxh the tatter have weakened also under the apparant nrorness of Texas rains. 3bower, bars hron rammed In various lor,Hues and the needed feneral roll Is thoofiht now not far Blm. say *tk.t**tZs mnnrtscrorero _ he*a tor fall restoration of wife*. GIBERT & CLAY C. ALABAMA AT. STOCKS. BOND*. COTTON. OKAIN, COFFEE. PROVISION* ATLANTA. 04 e»» Ye MEMBER. -'ork Stock Exrksnxe ISew Orleans Cetb Crk Cotton Exchsnse. N»w Oriesns St, ork Coffe* Eirbsnae Vew Orleans Board iThn'e wires f , all r.I.e» Local and Lang Di.ianc. Tal.phon* 529*. •ton Exchanf».|Chle«so Board of Trade. o>k Exrhaei*.iLiv*rpo©l Cettan * Boons nen 2rd of Tr»le.|Ualve.ton Cettoe F.xrbicja. crate, fe lo Vi t* :24c quart, ewb^rrtrs M tn 12H«- nesrt. FLOUR. GRAIN. PROVISIONS. FIjOUB.—Pool ale Elegant 8186; Diamond g-ff'5S2«* Wm.'ffShSSa 3 white ^’ATA-Jcdro*white"rilpped^ile; choice white Me; choice mlsed 4»c. MEAL.—Plain water xr.mnd. n«r lmeh.1, 73c; Imlted 14) lh. Jatee. per huWI. 33c. I<AY.-Timothy, choice tarn balro. JLM: do., choice einall hele. 31.14; do.. No. 1 timothy hnlro. I1J6: do.. No. 2 8): do- No. t clover mixed 61.06; do- No. 3 closed mixed R. FAGAN, Manager. Tho’abwe prim*irof.nb. Atlanta, and -** “ "■’-grooeOT*'’- WrSKBSUd Arimekl.'. 31AM; bulk. In liege or berrale, U%e; green U to I (’ mil ns ’ 44 to 7%c, according to •rad#. Market very strong CHERUB.—Feiwy/full cream, late 14c; - -- -- Market strong. me heme, UMrr. Cel- irtUee 894 lbe. lAy., fs *biAV Ju. ylstU 8.67. Sopremv lard 13. Vnow Drift com pound TH- Private Wire to Glbert & Clay. Jng _ r . Improvement seems likely In the stock iusr- ■ft isr, ... meats of the last twenty-four hours. report of a reduction this morning In the Bank of Knglsnd rate, following tno plac ing of Baltimore and Ohio on a hither divi dend basts, which actlou succeeded tbe suc cess of the Pennsylvania loan, rertalnly Im proved the general financial situation nnd were congress out of th© way we believe the market would quickly elevate Itself from the trading rut Into which It has fallen, despite the unsettled Russian news, which haa not yet, however, become a fee* tor In our stock niarkot. Conservative bull ish operations should giro reasonable re turns. i nion i nrinc. . _ . ^Baltimore end Ohio, Norfolk and Western, Chesapeake and Ohio, end Copper, but hardly thluk any dividend la likely on Hoatbern Pacific for some time ahem Aggi esalve buying may drive In ehorte, but hse probably not deepened convictions, policy on the part of the Interest! In ... trot of tbe Pennsylvania Kroon «»r lurmi* Ing dividends, at s time when forgo borrow togs a*- ‘ ‘‘ * lags are being cootomplnted, elmuld be * conaldered by Investors. The uewr Birmingham under prevailing prlcee. This relate* to foundry Iron, *■ markets oro barn of Beeeeiner. Hallburton says: The buying of Southern Pacific yesterday was of the best charac- ter. and 1 expect to eee It sell 10 points that there will be a further np elation in security prices In tbe Immei ‘ din *“ — future. The decline In the bank rate Is wise disturbed over the Russian situation. may now be eliminated ■s on adverse factor In our markets. Private Wire to Were, k Lelsnd. New York. June 2t—Lqadoa firm it to H np on foreign, end home opera tore buy ing, due to tbe Bank of England reducing Ite rate to 8& Uni irge abort Internet eald to exlet In tbe ted States Steels, bnt the dissolution Summary of yesterday stock market bj Dow, Jones & Co,: Amerlceti stocks In London firm, % to Ik above parity. NOTES ON GRAIN Pointer, on Provision,. don't w.nt It No .peel.I demand (or whe.t eo (sr. end lb. market ta little eoft.. Ft rot cbnn\'e to buy around Me would tab. on aouie., A lot of whe.t over st *SKc, sod now there I. s little demsod tt tut. bv Ions, end hr am.llrr pnrkera. Trade In rib. otily (sir; July |iork slendy; HeptcuiUer nnd Jsnury lower. No lurtlculsr (nture. Ilrsso l)iter-OoNu: ('sell business In bushels. IncludliiK 4U.0MI No. 2 red, be st tie lu store; <3,000 No. } herd st 3«c were slso 12,000 mixed ill. r ^He provision pit fl<ures thst Bwift bss ^■ths pork sud msr squsesn the July shorts, s. the price Jumped 60e yeeterdijr. Armour baa tho July rib. Iiouxht ■ M' I Keptemlu-r rib* •lira aiNU. tin win n i|(m- sir on the July aud eort out all tb. besvy rib* not sultslile for his trade end deliver them on Iteptemher sales. Tills will sir. him two months In wblch to dlspost of tb* _ . ... ._ best rtjtlr* show poor response to our advene, yeat.ntay .nd e.riy weather rsporls are fnroralile. This ‘ tie j itis.v erente u lift openliif, but we are sud tbs hnll posslbllltlss on wsstber can put price* t good dael hlfher than excess of supplies ovsr present demand ran d*-’ pros* them. I'ommlsslnn bouses roust bars isken^3,000,000 to 3,000,000 of wheat on bssls (lorn offerings bars fallen with tbe decline In price. It don not look ss If fsrmere would sell to any eitent below s basis of 60o for Heptemlier. The Cincinnati I'rtc. Current says: Win. ter wheet herveel heglanlnc with Indira- lions of good quality amt yields Justifying ex|>erta!!nn,. Advices mm-crulng osla con firm story of shortage In crop. Corn Irregu lar. Tool weather not propitious, but crop la making fairly good progress. Clean of packing 604,000, against I Wheat opened s little firmer with corn strength, and nn limited offerings. Trade light and only little detnnnd neetletj to bidd favorable for growl southwest clear and favornkla for harvest for new rrop wheat lietter than last year. STOCKS REVIEWED BY NEW YORK SUN Kentucky railroad commission makes . stv©pping cut on rate* chnrgad l*y Isoulsvlllw and Nashville and lUlnols Central. STOCK 8ALE8. is noon.. •• •• •• •• .. .... «m,uou snares 1 p. ra.. 116,000 sharce 2 in .v:Um. hhrir.'N Total 1.041,7uo shares L. J. ANDERSON A CO,’8 DAILY COTTON LETTER New York, June 81.—The Liverpool mar ket wee * little tatter then looked for ht the opening^wllh_ e^steady demand for ■pots st tn advance of 7 wevsr. there scents t. Ih> strong opposition In Naw York to any sdvsncs at this time. There was every Incentive for s strong opening do relief of eni Tex.., but. Instead, heavy riarted In st th. opening nnd the was under pressure true ths*. was some buying on tho races- brokers seem ed to have lota of July for sal© nnd th© market was unable to ad- The much-touted holts appear to PHHPPilttl win Iff months, claiming that developments will toon Indicate that cotton la rh©ap at pres eut prices. Bat they seem to be willing to rest on this assertion and ar© doing very little. In the meantime weather reports and crop news are being watched closely, end any little change In conditions will be promptly reflected by prfr©s. HAVE YOU ANY MONEY AHEAD? {■ it Invested where It Is perfectly safe? r It FORTUNE should knock at Is It arallablo now your door? Prepare yourself to taka advantage of opportunity by Inventing ynur savings In tl.lw lmnlt, they will earn *M per cent COMPOUND INTEREST, bo per fectly safe aod available practically on demand. CENTRAL BANKS TRUST CORPORATION, CAPITAL $500,000.00 Asa O. Candlar, Prssidsnt. W. H. Patterson, Vles-Prssldsnt. A. P. Colas, Csshlsr. John 8. Owens, Vics-Prastdsnt Wm. D. Owans, Asst. Csshlsr. ATLANTA NATIONAL BANK ATLANTA. GA. C. E. CURRIER. Presldsnt A. E. THORNTON, Vice-President. H. T. INMAN, Vlco-Prssldsnt. GEO. R. DONOVAN, Csshlsr. JAMES 8. FLOYD, Ass't Csshl.r. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. WM. L I’nnL. PrroLUat. BOBT. F. MAIIDOX. Vlro Prro. T1108. J. PK8PUH. Cashier. JAB. O. LESTER, Ass't Cashier. » ,»r.r.nr«—» 9 . MADD0X-RUCKER BANKING CO. $200,000.00 $500,000.00 CAPITAL SURPLUS AND PROFITS ! . ACCOUNT* INVITED We invite aecounta of individuals, corporations, banka ■ and bankrra nnd offer the beat terms consistent with conservative banking. Baring. Ocpartnwn rent. Compound«d Semi-Annually. New t York, Juno 21.—Th© Huu says: Htertlng In with considerable adrsnres all enmud, prlrca yielded at !h© ©lid nf the first hour, not so much on account of tbe prcecnce of stocke ea a suspension of de ne from mid, whether It came rlis sea, trlhuteU the marked etrengt . trading opened, rorlinps th© dominating factor hi the whole day's business was the Baltimore and Ohio dividend questhw, aa eerly In the eesslon It became definitely known that th© director* wonld meet dur ing the day to act upon th© matter, while Tobebly nine people out of teu lu the conitnuinty l»el|evid that the rat* itmIi.iIiIv flnanrlnl . ■ of the common etock would lie Increased from 5 to I per cent. Another favorable matter waa the Inauguration of dividend paymente on the common stocke of tbe American Isocomotlve Company, hut thle had been eo generally expected that It ex erted little Influence on the Jirlr. nf the itock ll|||4ghtaHhJkmHrotawltawm entirely stunk Itsslf. sllbaiigh It was ustiirally n ty without fff.ct nn lbs ronsrsl sen ulkcrn I'silfic nmdc nlnmt of tha ncr a|iprnsrh of illrbtcail action and roninra that some nsrt of thn Irvc.ury jircfcrrM stock might lie cold with rights REALIZING SALES WHEAT GIVEN SUPPORT AT EARLY LOW POINT. Slump Was Quickly Recovered and Forced Above the Previous Close. By Private Leased Wire. • Chicago, June 21—Closing price* showed con.ld.rabla Irregularity along th. entire grain line,'1-4 up to l-8<8>l-4 off for wheat, 1-801.4 oft for com and l.SOl-l off for oats. Late In tha day thara ware mesenges from dlff.rant part, of Oklahoma claiming that wheat la threshing mu only < to 10 bu.hcla par ncr* In aomn ■action, and 10 to 12 In Others, In which much mor* Is expected. Tho "101" ranch and that territory reports an average of 16 bushels per acre. There was heavy buying on these re ports and prices advanced later. This was met by good selling. In the Northwest conditions were reported ns Ideal, the Market Record estimating ths crop of the three states at 2J.3K.- 000 bushel* In exets* of last |ssn final government report. Woodbury, of Minneapolis, wired that tho mills np there are still closing down owing to a lack of demand for flour. Argentine shipments were estimated by Iiroomhall at 1.600,000 bushels of wheat and 3,100,000 bushels corn, com pared with 2,316,000 nnd 3,136,000, re spectively, a year ago. Coarse gralne closed rather slow nnd provisions dull. Cash sales here were 30,000 wheat, 108,000 corn and 14,000 oats. Primary recsjjts; Whoat, 211,000, and corn, <33,000, compared with 361,000 nnd 609,000, respectively, a yenr ogn. Clearances for the day were 161,000 wheat, 167 corn nnd 1,000 oats. CHICAGO CRAIN MARKET. Thr Chicago grain market ranged ax Iowa today: Open. High. low. Cloac. Sul 1 1 CORN- July. . I Kept. . I OATS- * Sul 1 8. tt FORK— July. .17.60 loot. .11.70 LARD- Juty. . 6. °ft oat" July; . 9.26 ,75 8.76 8.70 1.70 8.77^ :B !;8 I S* IM 83* S:S“ 9.0i 0.17 m Wh©*t . Coro Data ... Hug* .. 33.000 LIVERPOOL GRAIN MARKET. Wb©at o|*©n<»<l % higher; 1:80 p.m. Vi (a mm t»p**n©fl l'l»- higher; cio«©d ft (o *i hlgln-r, hohlara of tb© romtuoo. wlihv It was also r©portiH| that otat©m©nta of ©arnlngs, ilflayr,| oo aevount of th© ilrstrnrtlon nf rerun 1© In tha Ban Francisco fir©, would maka a good Impresslou when published in the naar futtira/'-GIbert * Clay. . NEW YORK COFFEE MARKET. and cMai <iuolatlon« for roflTre for future delivery today lo New York: Opou|i January.. i;* 8 .. .. .. J«- Ortotwr 0.J0 Nor©mb©r.. ,, .. 9,864. : iSiS The following figure, give movement of wheel and corn: Wheat receipts today, 311,060 hnaheli. i laat year; ahlpmenta ng ilu.l lgj.rno liu.hcl. Corn reedpta twlay, 133,000 Imahcla agalnal OOt.OOO Imahcli laat year: ahlnpieuta today, 090,000 kuabcla, agalnat bl,0<» bu.hcls laat year, NORTHWE8T CARS. Following table ghra tho tiortuwest r of grain today. Inst week .up! Inst y©m least. I.r Today. Week. Y« Minneapolis Rll 145 it Duluth 61 l* Chicago 7 1 SOUTHERN EXCHANGE Oldest Established Office South. COTTON STOCKS BONOS GRAIN Ground Floor Oould Building. Dally market latter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capitil $250,000 NCFESCNCC, THE NEAL BANK PHONE 14IT. ©NUDCNTIAL BLOG HUBBARD BROS & CO., uSn Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation* Chicago Board of Trade. New York Cof fee Exchange, New York Produce Exchange Business solicited for the above exchanges. Direct wire service. Correspondence invited. Phones 454, Long DIotanceM. A. 5. Hunt nre. .Mgr. New Orteeus. WARE A LELAND COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Me. 2 W»U St., Fiteri^Buiidiag. All$$ia. 6s. ChUsqa Bond ef Trsde. Ml UBUS. Mem York Cettoe fulnir. Hew Orltooi Cotton Inhooqe. Ihorpool Cellos Atiotlsfioo. Fmste Wlret to New York, Mew Ortesei. Melt Fkoot 12*2. StsodirO hose 234. PIEDMONT BROKERAGE CO., (Incorporated.) Oasamsnt Floor Piedmont Hotel. *TOCK*. BOND*, GRAIN, PROVISION*. INVESTMENT*. Feet Wlr# Service from Naw York, New Orleans, Chicago. CORRESPONDENT* M. J. SAGE A CO . 42 BROADWAY, NEW YORK. eMW. NOTH. Maosfer loesloodLooq Dittoote Bell Fhooe 1391. I 1 ffiiKattiMittaiiiiMMaMiiitt qqaaqjii*iii*i — - mMMMMIBMMMMimmmm^me^wmmwm